Refinance Your Mortgage and Save

Depending on the terms of your current loan and how long you plan to stay in your home, refinancing could be the best option for you.

  • Get a Better Loan

    Refinance to a lower rate or pay off your loan faster with a shorter term.

  • Take Cash Out

    Use the equity in your home to pay for home improvements, a down payment on a second home or college tuition.

  • Convert to a Fixed Rate

    Refinance to lock in a new rate and ensure stable payment for the life of your loan.

Refinance Options1

  • VA Loans

    Available exclusively to eligible servicemembers, veterans and their spouses, VA Loans are backed by the Department of Veterans Affairs.

    Interest rate as low as

    3.250%

    APR as low as

    3.845%

    LTV up to

    100%

    Term

    10- to 30-year

  • VA Streamline (IRRRL)

    Exclusively for those with VA home loans, VA interest rate reduction refinance loans (IRRRLs) are an easy way to refinance your loan to a lower rate and lower your monthly payments with minimal out-of-pocket costs. Call 1-888-842-6328 for more information.

    Interest rate as low as

    3.250%

    APR as low as

    3.845%

    Term

    10- to 30-year

  • Military Choice

    Offering eligible servicemembers easier qualification and great rates.4

    Interest rate as low as

    4.750%

    APR as low as

    5.038%

    LTV up to

    97%

    Term

    16- to 30-year

  • Conventional Fixed Rate

    Offering qualified buyers rate and payment security.

    Interest rate as low as

    3.375%

    APR as low as

    3.595%

    LTV up to

    95%

    Term

    10- to 30-year

  • Homebuyers Choice

    A good option for homeowners who haven't built much equity in their home but would like to refinance to take cash out.

    Interest rate as low as

    4.875%

    APR as low as

    5.166%

    LTV up to

    97%

    Term

    16- to 30-year

  • FHA Loans

    Insured by the Federal Housing Administration (FHA).

    Interest rate as low as

    3.250%

    APR as low as

    4.581%

    LTV up to

    97.75%

    Term

    10- to 30-year

  • Adjustable Rate Mortgages

    These loans begin with a low fixed interest rate for the initial term and then adjust according to an index.

    Interest rate as low as

    3.000%

    APR as low as

    4.011%

    LTV up to

    95%

    Term

    10- to 30-year

    5/5 Conforming ARM Payment Example9

    Loan Amount: $250,000 Term: 30 years

    Year Interest Rate APR Monthly Payment

    JavaScript is required to compute this table.

    Taxes and insurance not included; therefore, the actual payment obligation will be greater.
  • Interest Only

    Suitable for buyers who want the flexibility to make interest-only payments.

    LTV up to

    80%

Disclosures

1 This rate offer is effective 1/31/2019 and subject to change. Rates based on creditworthiness, so your rate may differ. All loans subject to credit approval. Rates quoted require a loan origination fee of 1.00%, which may be waived for a 0.25% increase in interest rate. Many of these programs carry discount points, which may impact your rate.

2 A VA loan of $250,000 for 15 years at 3.250% interest and 3.845% APR will have a monthly payment of $1,757. A VA loan of $250,000 for 30 years at 3.375% interest and 3.683% APR will have a monthly payment of $1,105. Taxes and insurance not included; therefore, the actual payment obligation will be greater.

3 A VA Streamline loan of $250,000 for 15 years at 3.250% interest and 3.845% APR will have a monthly payment of $1,757. A VA Streamline loan of $250,000 for 30 years at 3.375% interest and 3.845% APR will have a monthly payment of $1,105. Taxes and insurance not included; therefore, the actual payment obligation will be greater.

4 All Choice loan rates quoted above require a 1.00% loan origination fee. The origination fee may be waived for a 0.25% increase in the interest rate. All Choice loans are subject to a funding fee of 1.75% of the loan amount. This funding fee can be financed into the loan up to a maximum of 101.75% LTV, or the fee can be waived for a 0.375% increase in the interest rate. Purchase loans require no down payment. LTV restrictions apply to refinance loans. Note: To be eligible for Military Choice, at least one borrower must be Active Duty or a veteran.

5 A Military Choice loan of $250,000 for 30 years at 4.750% interest and 5.038% APR will have a monthly payment of $1,304. Taxes and insurance not included; therefore, the actual payment obligation will be greater.

6 A fixed-rate loan of $250,000 for 15 years at 3.375% interest and 3.595% APR will have a monthly payment of $1,772. A fixed-rate loan of $250,000 for 30 years at 3.875% interest and 4.021% APR will have a monthly payment of $1,176. Taxes and insurance not included; therefore, the actual payment obligation will be greater.

7 A Homebuyers Choice loan of $250,000 for 30 years at 4.875% interest and 5.166% APR will have a monthly payment of $1,323. Taxes and insurance not included; therefore, the actual payment obligation will be greater.

8 An FHA loan of $250,000 for 15 years at 3.250% interest and 4.581% APR will have a monthly payment of $1,757. An FHA loan of $250,000 for 30 years at 3.375% interest and 4.500% APR will have a monthly payment of $1,105. Taxes and insurance not included; therefore, the actual payment obligation will be greater.

9 Adjustable Rate Mortgages are variable, and your Annual Percentage Rate (APR) may increase after the original fixed-rate period. The First Adjusted Payments displayed are based on the current Constant Maturity Treasury (CMT) index, plus the margin (fully indexed rate) as of the stated effective date rounded to nearest 1/8th of one percent.